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Adam Vega's Landscaping Company has compiled the following list of account balances of various assets, liabilities, revenues and expenses on December 31, 2016, the end
Adam Vega's Landscaping Company has compiled the following list of account balances of various assets, liabilities, revenues and expenses on December 31, 2016, the end of its first year of operations. Common stock Accounts payable Salary expense Repairs expense Dividends Truck Equipment Notes payable Cash Supplies expense Service revenue Gasoline expense $25,200 5,000 9,000 1,600 10,000 17,000 12,600 16,400 35,200 3,200 43,600 1,600 4. The total liabilities for Adam Vega's Landscaping on December 31, 2016 are (Note: There are 2 liabilities). 5. The total assets for Adam Vega's Landscaping on December 31, 2016 are (Note: There are 3 assets)
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